Solved

Which of the Following Statements Is True

Question 23

Multiple Choice

Which of the following statements is true?


A) Finance companies are financial institutions that raise funds through the issue of debentures and unsecured notes from retail investors.
B) Finance companies are financial institutions that raise funds through the issue of debentures and unsecured notes from wholesale investors.
C) Finance companies are financial institutions that raise funds through the issue of T-bonds and secured notes from retail investors.
D) Finance companies are financial institutions that raise funds through the issue of T-bonds and secured notes from wholesale investors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions